Satyam scandal could be 'India's Enron'
The head of Indian outsourcing firm Satyam Computer Services resigned on Wednesday, disclosing that profits had been falsely inflated for years.
India: Mumbai gunmen directed by phone
"We have three foreigners, including women," the gunman said into the phone.
U.S. 2008 planned layoffs most in five years
Planned layoffs at U.S. firms eased in December from the previous month's seven-year high but they were up an astounding 275 percent annually, according to a new report.
Mississippi now has highest teen birth rate
Mississippi now has the nation's highest teen pregnancy rate, displacing Texas and New Mexico for that lamentable title, according to a new federal report.
'God' author faces plagiarism claim
Neale Donald Walsch, best-selling author of "Conversations with God," said that he unwittingly passed off another writer's Christmas anecdote as his own in a recent blog post.
Al-Qaida No. 2 blames Obama for Gaza
Al-Qaida's No. 2 leader lashed out at President-elect Barack Obama in a new message, accusing him of not doing anything to stop Israel's actions in the Gaza Strip, according to a monitoring center.
U.S.: Dozens of insurgents killed in Afghanistan
Forces from the U.S.-led coalition killed 32 armed insurgents during a clash in eastern Afghanistan, the military said Wednesday.
Israel conditionally welcomes cease-fire plan
Israel tentatively welcomed a proposal for a Gaza cease-fire and briefly halted its offensive to allow aid to reach civilians, but also gave the military a green light to press ahead with its assault on Hamas.
Obama pledges to tackle government spending
President-elect Obama says he'll have to juggle the competing interests of economic stimulus and deficit control, but that restoring general business health must come first.
Obama hails 'extraordinary gathering'
President-elect Barack Obama has returned to the White House for a private sit-down with President George W. Bush, less than two weeks before their official transfer of power.
